The Impact of Macroeconomic Policies on Poverty and Income Distribution : Macro-Micro Evaluation Techniques and Tools

Bourguignon, François; Bussolo, Maurizio; Pereira da Silva, Luiz A.

The Impact of Macroeconomic Policies on Poverty and Income Distribution : Macro-Micro Evaluation Techniques and Tools

Autores

Bourguignon, François

Bussolo, Maurizio

Pereira da Silva, Luiz A.

Editor

Washington, DC : World Bank and Palgrave Macmillan

Descripción

This book assembles methodologies and techniques to evaluate the poverty impact of macroeconomic policies. It takes as a departure point a companion volume, the impact of economic policies on poverty and income distribution: evaluation techniques and tools. This volume was primarily a review of microeconomic techniques aimed at assessing policies that are directly concerned with the welfare of poor households or individuals such as changing the level of cash transfers to the poorest households, increasing price subsidies for basic consumer goods, and the like. In addition, the second part of that earlier publication introduced basic techniques to deal with the poverty impact of macroeconomic policies that by definition are not targeted and affect the whole population. This volume presents a comprehensive array of macro-micro modeling frameworks. It begins by highlighting the limitation of macroeconomic models that use representative household groups to link macroeconomic policies and microeconomic data. It then moves to more complexes, top-down modeling frameworks, which combine (top) macro models and (down) micro simulation models that, in turn, can be simple micro accounting models or behavioral micro models. The book also explores integrated models, in which the macro and micro parts are either linked by iterative feedback loops or solved simultaneously as a single model. By providing clear access to these techniques, by documenting their analytical underpinnings, their data requirements, and their range of applicability, and even by highlighting some of their limitations, this book provides a unique compendium for practitioners, policy makers, and anyone interested in economic development.

Palabras clave

ACCOUNTING, ADJUSTMENT POLICIES, AGRICULTURAL SECTOR, AGRICULTURE, ALLOCATION OF RESOURCES, BASIC INFRASTRUCTURE, BENEFIT INCIDENCE, BUDGET CONSTRAINTS, CASH TRANSFERS, CENTRAL BANK, CITIZENS, COMPETITIVE MARKETS, CONFLICT, CONSUMER PRICE INDEX, CONSUMERS, CONSUMPTION BEHAVIOR, CONSUMPTION FUNCTION, COUNTERFACTUAL, DATA QUALITY, DEBT, DECENTRALIZATION, DEVALUATION, DEVELOPING COUNTRIES, DEVELOPMENT ECONOMICS, DEVELOPMENT POLICIES, DEVELOPMENT POLICY, DEVELOPMENT STRATEGIES, DISEQUILIBRIUM, DISSEMINATION, DISTRIBUTION OF INCOME, DISTRIBUTIONAL DYNAMICS, DISTRIBUTIONAL EFFECTS, DISTRIBUTIONAL IMPACTS, DISTRIBUTIONAL OUTCOMES, ECONOMETRIC MODELS, ECONOMIC ANALYSIS, ECONOMIC GROWTH, ECONOMIC INEQUALITY, ECONOMIC POLICY, ECONOMIC STRUCTURE, ELASTICITY, ELASTICITY OF SUBSTITUTION, EMPLOYMENT INCOMES, EMPLOYMENT STATUS, EQUILIBRIUM, EXTERNALITIES, FACTOR MARKETS, FAMILY INCOME, FARMERS, FINANCIAL CRISIS, FINANCIAL INSTITUTIONS, FINANCIAL REFORMS, FINANCIAL SECTOR, FISCAL POLICY, FOOD POLICY, FOOD STAPLES, FOREIGN DIRECT INVESTMENT, FREE TRADE, FUNCTIONAL FORMS, GENERAL EQUILIBRIUM, GENERAL EQUILIBRIUM ANALYSES, GENERAL EQUILIBRIUM ANALYSIS, GENERAL EQUILIBRIUM MODELS, GNP, GNP PER CAPITA, GOVERNMENT EXPENDITURES, GROSS DOMESTIC PRODUCT, GROSS NATIONAL PRODUCT, GROWTH POTENTIAL, GROWTH RATE, HEALTH POLICIES, HEALTH SERVICES, HISTORICAL DATA, HOUSEHOLD BUDGET, HOUSEHOLD DEMOGRAPHICS, HOUSEHOLD GROUPS, HOUSEHOLD HEAD, HOUSEHOLD INCOME, HOUSEHOLD LEVEL, HOUSEHOLD SURVEY, HOUSEHOLD SURVEYS, HOUSEHOLD WELFARE, HUMAN CAPITAL, HUMAN DEVELOPMENT, INCIDENCE ANALYSIS, INCOME, INCOME DISTRIBUTION, INCOME EFFECT, INCOME GROWTH, INCOME INEQUALITY, INCOME LEVELS, INDIVIDUAL DECISIONS, INDIVIDUAL HOUSEHOLDS, INDIVIDUAL WELFARE, INDUSTRIALIZATION, INNOVATION, INTEREST RATES, INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE, INTERNATIONAL POLICY, INTERNATIONAL TRADE, IRRIGATION, LABOR FORCE, LABOR MARKET, LABOR MARKET ADJUSTMENT, LABOR MARKETS, LABOR SUPPLY, LABOUR, LEGAL STATUS, LIQUIDITY, LIVING STANDARDS, MACRO MODEL, MACROECONOMIC EFFECTS, MACROECONOMIC MODELS, MACROECONOMIC POLICIES, MACROECONOMIC POLICIES ON POVERTY, MACROECONOMIC POLICY, MACROECONOMIC REFORM, MACROECONOMIC SHOCKS, MACROECONOMICS, MAXIMUM LIKELIHOOD ESTIMATION, MEAT, MICRO MODEL, MICRO MODELS, MILLENNIUM DECLARATION, MILLENNIUM DEVELOPMENT GOAL, MILLENNIUM DEVELOPMENT GOALS, MONETARY POLICIES, MOTIVATION, MULTILATERAL TRADE, MULTIPLIERS, NATIONAL INCOME, NUMBER OF CHILDREN, NUMBER OF HOUSEHOLDS, OCCUPATIONS, OVERVALUATION, PARTIAL EQUILIBRIUM ANALYSES, PER CAPITA INCOME, POLICY CHANGE, POLICY DECISIONS, POLICY IMPLICATIONS, POLICY MAKERS, POLICY RESEARCH, POLICY RESEARCH WORKING PAPER, POLICY RESPONSE, POOR, POOR HOUSEHOLDS, POOR PEOPLE, POPULATION CENSUSES, POPULATION GROUPS, POPULATION SUBGROUPS, POVERTY ALLEVIATION, POVERTY ASSESSMENT, POVERTY ERADICATION, POVERTY IMPACT, POVERTY INDEXES, POVERTY INDICATORS, POVERTY LEVELS, POVERTY MAPS, POVERTY REDUCTION, POVERTY STATUS, PRACTITIONERS, PRICE SUBSIDIES, PROFIT FUNCTIONS, PROGRESS, PUBLIC SECTOR, PUBLIC SERVICES, PUBLIC SPENDING, RATES OF GROWTH, REAL GDP, REAL INCOME, REAL WAGE RATES, REAL WAGES, REGRESSION ANALYSIS, REPRESENTATIVE HOUSEHOLD, RESPECT, RURAL, RURAL AREAS, RURAL ECONOMY, RURAL POOR, SAFETY, SAFETY NETS, SANITATION, SAVINGS, SECOND ROUND EFFECTS, SECONDARY EDUCATION, SELF-SUFFICIENCY, SERVICE DELIVERY, SIMULATION TECHNIQUES, SOCIAL EXPENDITURES, SOCIAL IMPACT, SOCIAL SPENDING, SOCIAL WELFARE, STRUCTURAL CHANGE, STRUCTURAL REFORMS, SURPLUS LABOR, TAXATION, TOTAL FACTOR PRODUCTIVITY, TRADE BARRIERS, TRADE LIBERALIZATION, TRADE POLICIES, TRADE POLICY, TRADE REFORMS, UNEMPLOYMENT, URBAN WORKERS, UTILITY FUNCTION, UTILITY THEORY, VALUE ADDED, WAGE RATES, WAGES, WEALTH, WHOLESALE PRICE INDEX, WORLD TRADE ORGANIZATION, WTO